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7520 NE Bothell Way
Kenmore, WA 98028
Kenmore Development Opportunity · Land For Sale · 1.19 AC

Investment Highlights

  • Situated between two University of Washington campuses, with easy commutes to Seattle, Everett, Redmond, Bellevue, and Kirkland.
  • Due to proximity to transit, City allows for reduced parking reduced parking in the designated zones.
  • The 51,677 SF site includes two parcels, ideal for developing a 178 max unit apartment building
  • Vibrant, pedestrian-oriented community in the City of Kenmore.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 1.19 AC
No. Stories 1
Zoning UC - Urban Corridor & Urban Residential

Description

NAI Puget Sound Properties as the exclusive listing agent is pleased to present this exceptional development opportunity in the heart of Kenmore, Washington. Well located at 7520 NE Bothell Way, this prominently positioned development site offers direct frontage along SR-522, delivering exceptional visibility, walkable amenities, and seamless access to one of North King County’s most dynamic growth corridors. It presents a rare opportunity for multifamily developers to leverage Kenmore’s pro-density planning, robust demographics, and strategic proximity to major employment centers throughout the Puget Sound region.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 011410-0905
  • 011410-0904
Land Assessment
$2,067,000
Improvements Assessment
$1,000
Total Assessment
$2,068,000
  • Listing ID: 38159497

  • Date on Market: 10/21/2025

  • Last Updated:

  • Address: 7520 NE Bothell Way, Kenmore, WA 98028

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